China Imports 537 kt of NPI in October 2022
22/11/22 | Nickel
Fubao News China imported 537 kt of NPI in October 2022, down by 16.8% m-o-m but up by 79.6% y-o-y. Of the total, 487 kt of NPI was imported from Indonesia, down by 109 kt or 19.7% m-o-m, but up by 238 kt or 95.6% y-o-y. China imported 4.68 mln…
Indonesia: 404 kt of NPI Production as of Mid-Nov
15/11/22 | Nickel
China Nonferrous Metals News Indonesian MODI: As of 14th November, Indonesia produced 34.94 kt of tin in 2022, achieving 49.9% of its annual target. The country’s NPI production was 404.57 kt, and nickel matte (MHP) production was 62.08 kt, achieving 24.24% and 73.99% of the annual production targets respectively.
Indonesian PENTA 8 mtpy Ni Laterite Project Commences
15/11/22 | Nickel
China Nonferrous Metals News 10th November: The Indonesian PENTA 8 mtpy nickel laterite project, under EPC contract jointly between the southern China Branch of CEEC (China Energy Engineering Cooperation) and CEEC Guangdong Thermal Power has started construction. Designed with 8 mtpy capacity and covering an area of 1,220 hectares, the…
China Produces 35.7 kt of NPI in October
11/11/22 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 35.7 kt of NPI (in Ni metal) in October 2022, up by 14.2% m-o-m and up by 14.6% y-o-y. The demand for NPI rose rapidly boosted by increased operations of downstream stainless steel smelters in the wake of soaring prices and higher profit…
China Imports 645 kt of NPI in September
26/10/22 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 645.88 kt (actual tonnage) of NPI in September 2022, up by 3.29% m-o-m and up by 121.76% y-o-y. Indonesia is the largest NPI supplier to China, with 606.76 kt of exports, up by 4.13% m-o-m and up by 149.13% y-o-y.
Ni Laterite Prices Rise Slightly on Tighter Supply
24/10/22 | Nickel
Shanghai Nonferrous Metals News 21st October: Nickel laterite inventories at Chinese ports rose by 328 kt w-o-w to 8.26 mln t (WMT), converting to 65 kt of nickel metal. Nickel laterite inventories at China’s major seven ports rose by 118 kt to 4.47 mln t (WMT) this week. Nickel laterite…
China September NPI Production: 81.6 kt
17/10/22 | Nickel
Shanghai Nonferrous Metals News China produced 31.5 kt of NPI (in Ni metal) in September 2022, up by 6.67% m-o-m and up by 2.53% y-o-y. The demand for NPI increased rapidly led by increasing orders from stainless steel mills in the wake of rising prices of stainless steel. High-NPI production…
China Imports 4.34 mln t of Ni Laterite and 655 kt of NPI in August
22/09/22 | Nickel
Shanghai Nonferrous Metals News China imported 4.34 mln t of nickel laterite in August 2022, down by 1.52% m-o-m and down by 24.92% y-o-y. The decline can be attributed to production cuts by domestic China NPI smelters led by falling NPI prices in the recent three months. China imported 655…
IM Cancels Preferential Electricity Prices
02/09/22 | Nickel
Fubao News 30th August: The local authority of IM announced that it will cancel its preferential electricity price policy, with effective from 1st September 2022. IM NPI smelters will be impacted directly, seeing electricity prices increase by RMB 0.02/kWh to RMB 0.43~0.45/kWh in eastern IM. IM’s NPI production represents approximately…
